REGISTERED NUMBER: SC426928 (Scotland)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Lux Events Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

5

1,589

4,655

CURRENT ASSETS

Debtors

6

82,146

138,992

Cash at bank

43,746

33,664

125,892

172,656

CREDITORS

Amounts falling due within one year

7

249,404

167,960

NET CURRENT (LIABILITIES)/ASSETS

(123,512

)

4,696

TOTAL ASSETS LESS CURRENT LIABILITIES

(121,923

)

9,351

CREDITORS

Amounts falling due after more than one year

8

18,169

9,167

NET (LIABILITIES)/ASSETS

(140,092

)

184

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

(140,192

)

84

SHAREHOLDERS' FUNDS

(140,092

)

184

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2025 and were signed on its behalf by:

E Macdonald - Director

1.	STATUTORY INFORMATION

Lux Events Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number:

SC426928

Registered office:

41 Craighouse Gardens

Edinburgh

Lothian

EH10 5LR

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting judgements and key sources of estimation uncertainty

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of

services in the ordinary course of the company's activities. Turnover is shown net of sales/value

added tax, returns, rebates and discounts.

The company recognises revenue when:

The amount of revenue can be reliably measured;

it is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

At the balance sheet date, the company had net current liabilities of £123,512 (2024: net current assets £4,696) and retained losses of £140,192 (2024: retained profits £84). The directors have pledged to financially support the company, review their costs and source adequate funding as necessary for a period of at least twelve months from the approval of these financial statements and therefore feel it is appropriate to prepare these financial statements on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of

business.

Trade debtors are recognised at the transaction price.

Trade debtors are reviewed annually, with bad debts being written off in the profit and loss account.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are

classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company's shareholders is recognised as a liability in the financial

statements in the reporting period in which the dividends are declared.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 10 ) .

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 July 2024

22,773

Disposals

(1,166

)

At 30 June 2025

21,607

DEPRECIATION

At 1 July 2024

18,118

Charge for year

2,337

Eliminated on disposal

(437

)

At 30 June 2025

20,018

NET BOOK VALUE

At 30 June 2025

1,589

At 30 June 2024

4,655

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

62,680

44,077

Other debtors

19,466

94,915

82,146

138,992

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

33,144

10,000

Trade creditors

90,631

66,141

Taxation and social security

36,863

14,400

Other creditors

88,766

77,419

249,404

167,960

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

18,169

9,167

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	FINANCIAL COMMITMENTS

The total amount of financial commitments not included in the balance sheet is £15,515 (2024 -

£33,436).

The company has a lease on their office printer. The total amount disclosed of £2,915

(2024: £4,036) is the total amount due to the expiration of the lease in January 2029.

The company also has a lease on their business premises. The total amount disclosed of £12,600

(2024: £29,400) is to the expiration of the lease in March 2026.